$SLX /USDT - LONG
Trade Plan:
Entry: 0.11992 – 0.11705
SL: 0.10889
TP1: 0.12085
TP2: 0.12813
TP3: 0.13319
Why this setup?
• The 1h chart demonstrates a steady recovery structure (+5.29%), with price holding above the dynamic MA7 line (0.11705) and key MA99 baseline support (0.11220).
• Setting a protective Stop Loss (SL) right at the 24h Low support level (0.10889) establishes a clear, strict risk invalidation boundary safely below the immediate accumulation base.
• Entering a long position within the 0.11992 to 0.11705 demand pocket provides an optimized Risk:Reward framework, tracking the momentum for a push past the dynamic MA25 resistance (0.12085) toward key structural target extensions near the 24h High (0.13319).
#SpaceXStarshipCompletesFirstTestFlightSinceListing #Nasdaq100FallsInBackToBackWeeklyLoss #IranClaimsUSDepotDestroyedInJordan #USJoblessClaimsFallToNearly60YearLow $SLX
Trade Plan:
Entry: 0.11992 – 0.11705
SL: 0.10889
TP1: 0.12085
TP2: 0.12813
TP3: 0.13319
Why this setup?
• The 1h chart demonstrates a steady recovery structure (+5.29%), with price holding above the dynamic MA7 line (0.11705) and key MA99 baseline support (0.11220).
• Setting a protective Stop Loss (SL) right at the 24h Low support level (0.10889) establishes a clear, strict risk invalidation boundary safely below the immediate accumulation base.
• Entering a long position within the 0.11992 to 0.11705 demand pocket provides an optimized Risk:Reward framework, tracking the momentum for a push past the dynamic MA25 resistance (0.12085) toward key structural target extensions near the 24h High (0.13319).
#SpaceXStarshipCompletesFirstTestFlightSinceListing #Nasdaq100FallsInBackToBackWeeklyLoss #IranClaimsUSDepotDestroyedInJordan #USJoblessClaimsFallToNearly60YearLow $SLX